We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Global Diamond Jewellery Sales Hit $79 Billion
Gaborone: Global diamond jewelry sales hit a record $79 billion in 2013, as the market faces a coming rough shortage, according to De Beers’ inaugural Diamond Insight Report. The report said that U.S. sales rose 7 percent last year, while sales in India and China grew 12 percent. According to the report, one in six U.S. diamond jewelry sales were
Antwerp Diamond Trade Fair on February 1-3, 2015
Antwerp: Diamond buying jewellers visiting the Antwerp Diamond Trade Fair (ADTF) will get a genuine taste of the unequaled variety of diamonds that the Antwerp diamond market has to offer, says Ari Epstein, the CEO of the Antwerp World Diamond Centre (AWDC), which is the chief sponsor of the Fair. “Antwerp is the world’s leading diamond trading centre. However, my
Zimbabwe’s VP Lashes out at India’s Surat
Harare: Zimbabwe’s often reserved vice president Joyce Mujuru has sparked a potential diplomatic spat following her weekend tongue-in-cheek comment over India’s Surat. Surat, a city in the Indian state of Gujarat, was considered the world’s biggest diamond cutting and polishing centre. She was quoted in the local press as having said that India had “built a whole town” from smuggled
Winners Take Home Trophies at 2014 JNA Awards
Hong Kong: Anoop Mehta of the Bharat Diamond Bourse (BDB) and Ahmed Bin Sulayem of the Dubai Multi Commodities Centre (DMCC) – exceptional and inspiring leaders who are making an incredible impact in the gemstone and jewellery industry – led this year’s crop of 20 JNA Awards recipients. The awardees were feted in a spectacular ceremony and gala dinner that
Indian Diamond Industry Hosts TIWG
Mumbai: The Indian diamond industry hosted the Delegates of the G20 Trade & Investment Working Group (TIWG) at the Bharat Diamond Bourse (BDB) yesterday. The Bharat Diamond Bourse, is the largest diamond bourse in the world that houses more than 2500 offices, spread over an area of 20 Acres / 0.87 Million sq. ft. land in the heart of Mumbai.The
The 1st Israel Diamond Conference Opens
Ramat Gan: The first Israel Diamond Conference, which brought together the senior leadership of the global diamond industry, today opened a week-long series of events sponsored by the Israel Diamond Exchange, after a three year hiatus. Israel International Diamond Week will also include the 10th International Diamond Exhibition and the 40th World Diamond Congress. The conference was opened by Israel
World Diamond Museum Establishes in Monaco
London: The World Diamond Museum reached a significant milestone upon receiving a permit from the Ministry of State of the Principality of Monaco to establish itself in Monaco. The statement reads: “The World Diamond Museum aims to be a dynamic, independent association, accessible to all, exercising its activities mainly in the Principality of Monaco. Its chief objective is to create,
Ghaghoo Diamond Mine Faces Closure
Gaborone: Gem Diamonds has failed to find a buyer for its Ghaghoo Diamond Mine in Botswana’s Central Kalahari Game Reserve (CKGR), which had been on care and maintenance since February 2017. Mmegi reports that the diamond miner, which is currently focused on its Lesotho operations, is now considering a final closure of the Botswana operation. It had prioritised a sale
